HomeMy WebLinkAbout1019 . 2E~30~6 ' t;.
THIS INDENTURE. Mad~ ths 16t h day of Auc~uSt A.D. 19 betwee~
Harry C. Stephan a~d Virginia M. Stephan, h~,,~ wif~~
of St. i.ucie • ~
County Florid~, ~iNflMffN df~1911~ild ai the "MORTGAGpR;' ~nd FIRST fEDERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE. • corpaation wyanizsd and e~c~~tinp ~ndar tF?~ I~ws of tM Unit~d Sut~s of Am~riu ~~d h~vinp iri principal pl~ce of
buiiMSS in•th~ City of Fort PiKC~, St. luci~ Covnty~ Florid~, h~reinaft~r dni~nated ~s th~ "MORiGAGEE:'
WHEREAS tM MORTGAGOR is justly (r~br~d to tM MORTGAGEE in the sum of i 26 ~ 4OO' ~0 . Qood ~nd lawfvl money of the Un~ted
States advanced by ths MORTGAGEE unto ths MORTGAGOR, a~ evidenced by a tertai~ promiuory nott of ev~n da~s herewith, of which the followinq in
wordi and fiyures is a vw copY, to-wit: .
=26,400.00 N, 10020340
~ Fo.? v~e.c•, Flo?id~. Au~c uat 16 19~
for value received, we w either of us, piomiu fo pay, without defalcation, to the order of FIRST FEDEkAI SAVINGS AND IOAN ASSOCIAT~ON OF
`r~ FORT PIERCE at Fat Pierce, Florida, ~he sum of j 26 ~ 40~~ Q~ with interest from date at ths rate of 8' 7~ per annum, in monthly instalb
December 73
i J ments as foI!owi: S 18 2Ot h day of 19 ~ u+d a liks wm on the cwrespond~np day of each month there-
after until tM whole be fvlly paid.
~ Each installme~t first ahall be applied in payment of the iotereat and then on the unpaid bala~ce ot the princlpal wm. !f default is msds in the
payment of any instaliment whe~ due, and such default continues 30 days, then at the option of ths hotder, and without a~y other ratice, all the remsining
ti ~nstatlrt~ts shall be due and p+~yabte at once. Privitega is given to prepay this note in whole w in part at ~ny time without penaty. Neithet farebearance,
~ na +cceptarx~ by the holoer thereof after any default in any payments hereon, shail be deemed exte~sion. A Iste payment charga of S 1 ~ shsll bs
added b each instalkneM .smainirg unp~~d 7 daya after its due date, and a tike svm shall be added ro each such installment remaining unpaid 7 days after
Y each stuhedi^9 P+Yn+en! date.
Each maker, surery and e~dorser hereof, jointly and severally, waives demand, presentment protest and notice of p?otest iw ~onpayrrKnr, end further
agrees to srty exten~ion of t;me of paymcnt, eithe~ before or after maturiry, without notice to any of us; and to pay all msts of collection, includ~rq a
reasonable attorney's fee in the event of any default hereunder, and hereby scverally waives sll benefit homestead and exemption u~der ihe tonititution
~ and laws of each State of fhe United States, as against this obtigation or any extension or renewal her
W7tnes: the hand and seal of each party. /
'a ~ ' f~ J (SEAq
_ y s/Harr ? C Ste han ~U
~ -~ti 77~ (SEAU
$39 60 s/ rainia M. ~ Steph~n ~
~ • ~ stare ae~enue -
(Sfsenpltw~eeNedro~~aigins~ wo~e)
26 400 QO
NOW, THEREfORE, the MORTGAGOR fot the purpose of securing p~yment of said sum oi s ~ • , and the perforrn~nce of tFa
coveeann and~p?eemeny herei~aftc~ e~essed, and_fw divers good and valwbk considerations, by these presents, doe~ grant, bsr~ain, u11, remise,
release, convey and confirm umo the MORTGAGEE, its succeuws and auigni, ~T lfwt ce? am o, p~ ~8t-8f-
County of St. Lucie and Stat~ of Florida, desvibed ~s follows: • ,
Lot 9, Block 3219~ PORT ST. LUCIE F;AP.ESTA PINES UNIT 1, according to the Plat
thereof recorded in Plat 3o~ok 1h at Page 35, of the Public Reocrds of St. Lucie
County, Florida,
~=i
~ STATE ~F FLORf~A ~
" OOCUMENTARY......~. STAMP T~.x ~
i N UfPT. flf RfVENUf'~r = t .
Po.= ~~.~3~~. 3 9. H 0 1
~ a ~ t11Q2 • 4 w~ ,
RECEIYED ~ ~n PAYMENT OF TAXES
pUE ON Cll?SS 'C' fNTlINGIiLE ~RSONAL Pfl0?fR~1it6
~f Tp q{I1p7ER 71•13~. AG7S OF 19I1. ~
p0(i~EB P017R1~
a~ M~ppT ppWIT~ LT. t+tlC1E 00. ~
together witF? sll and singul~r the tenements, heredirsments and appunances therevMO bela~ginp a in ~nywise ~ppertaininy thereto, and aU renb, iuws,
proceeds and profin xauing and to accrue from taid prcmises, all of whid? are included in the sbovs and foteyanp deswiption and habendum.
TO HAVE AND TO HOLD the above dcsuibed and granted premiset unto the said MORTGAGEE, iri sutceswrs snd assigns fwevN. Md th~ said
their
MORTG~aOR fw heirs, executors, ~dminiatrstws and auigns, herreby coven~nts with tM said MORTGACaEE, its successon ~nd assipro,
zri@y are he
rhat - lawfully seized of the said premises in fee ~imple; that tF~e s~me ~re free, dear ~nd dixharged from att fitns ud enewt?~
brancts in law w in equity, a~d thst they wi(1 and thE-'~-~' hein shatl warrant ~nd defend the titk to ths ame to the said
NtDRiGAGEF, ib successors and assiyns, faever against the lawful claims and demands of ~II persau;
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PROVIDED, ALWAYS th~t if the AAORTGAGOR shall pay unto the MORTGAGEE the promisfory note hereinbefore dexribed ~nd sh~ll troly, ptomptly
and f~lly perfwm, disch~rge, execute, arompkte, comply witF~ snd abide by e~ch and every the stipulatio~?s, ~greements, conditio~s and c~ovenanb of said
promi~sory rate snd of this AAongsge, then fhis Matgage and the Estate hereby neated sh~ll ce~se and 6e r?ull and void.
IT IS UNDERSi00D tl+at the wad "Mwtgagor" whethe? in the singular or plural anywhere in this Mwtgsqs, sFull bs sinyuta if one only ~nd
shall be pl~ral jointly and tevenlly if mwe than one, and that the word "their" st used anywhete in tha Nbrtyaye sMll be tsken to mea~ "ha:• „hers;•
or "its;' wherever ths contezt so implies q admits. Alw, tbaf wherever there is s refersnce ~n rF~e co„e~aon .~d ap.eemenn F~ere~n cona~~ed ro any of
the panip hereto, tF~e same shall be conitrued to mea~ as well as the hein, legal representatives, successors and auiyhs {either volunury by act of tht
parties or involumary by operatio++ of the I~w) of flw ssme srxf that tf~e covtnants herein contained shaN bind and tiie benefi» and advanbpes Inw~
ro the respective hein, kyal representatives, successors and ~svgns of the panies Mreto.
, And said Mwlgsgws, fw themselves and their heirt, legal reprex~tatives, successors ~nd auigra, hereby jointly and severally covenant ~nd ayree
ro and with the sald MORTGAGEE, in svccesson ~nd ~ssigro:
' 1. To p~y alf and sinpul~r the pri~tipal and intere~t snd the variovs and sundry tums of money payable by vjrfw of said piomiuory not~, and this
mwtg~ye, e~ch ~nd every, promptly on the days respecfively the same severally become dw. +
~ 2. To pay all and sinputu the taxcs, assessmenb, levies. li~bilities. obliyations and ~ncumbr~nces of ~very natwe and k'nd now on said described =
property, p thst hereaft~r may be impo~ed, suffered, plKed, levied, or auessed thereon, or tMt hereafter may be teviad or ~sses~ed vppn t}+b IY{prt~
sge, u tbe indebtedneu iecured hereby, euh and every, when d~e and payable, accadinp to law, befw~ they bewnx delinquent, and beftxe arry intereit
attaches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAIt SE PROMPTLY SATISfIED AND DISCHARGEO Of
RECORD AND tHE ORtGINAL OfFICtAt OOCUMFNi (SUCH A5, FOR INSTANCE, THE lAX RKEIPT OR THE SATISfACTION PAPER OffICIAIIY ENOORSED
OR CERTIFIED) SHAII BE PIACE~ IN THE HANDS Of SAID MORTGAGEE WtTHIN TEN DAYS NfX? AFiER PAYMENT; and in tl~e event that any thereof is not
paid, sai'sfied snd diuhsrged ss:d MORTGAGEE may at sny time pay the sune or ~ny part thereof without w~ivinp or ~ffecting any option, lien, eqvity p
•~qht under w by virtve of this mortgage snd the full amount of esch and every such payment shall be immediately due and p~yable and shall bear inte~est
~rom the d~te thereof until paid at rate of nine per centum per snnum and toyelher w~th such ime~e~t R II be secured by the lie~ of Ih:s rtwrqtap~,
BooK218 PA~E1018 °
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